Profitable Electrical Contracting Business in Southern NH


Seller Financing Available
Profitable Electrical Contracting Business in Southern NH

Asking Price:$595,000

Cash Flow:$289,173

Gross Revenue:$1,052,554





Profitable Electrical Contracting Business in Southern NH

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Business Description

This Electrical Contracting business was established more than 35 years ago and is very well-known and well-established. It is a full service electrical contracting business. The services offered include, but are not limited to: Service upgrades, pool wiring, landscape lighting. telephone and CATV wiring, rewiring of older homes, new construction, industrial service and commercial maintenance. Approximately 75% of the business is residential and 25% is commercial. As a result, the customer base is very diversified thereby avoiding the risk from a concentration of customers. Most of the business comes from previous customers and referrals. A strong focus on customer service retains a high percentage of clients. Other than the company’s web site, the business does very little advertising allowing for more growth with increased advertising. The company employs 5 licensed electricians, several have been with the company for 10 years or longer. The business owner is selling in order to retire but is willing to stay on to fully transition the business to the new owner. Sales have averaged about $950,000 during the past 3 years and in 2015 they were up over 10% from 2014. This is a very well-managed company that is positioned for growth. The business has excellent records making it easy for a buyer to verify all sales and expenses. This is one of the premier Electrical Contracting businesses in the region and will not last long on the market. It has been pre-screen for SBA financing. Contact John Coto, Certified Business Intermediary at Alliance Business Brokers, LLC by email or call 603-880-8200.

Detailed Information

The business leases approximately 2100 sq. feet of office/commercial space. Business shareholder owns property and will provide short term or long term lease - flexible.
There are other electrical contractors but this is one of the most established electrical contracting business with an excellent reputation.
Growth & Expansion:
May be achieved by (1) increased advertising; (2) expand the geographic area that is serviced; (3) hiring more staff; (4) expand services offered and areas of expertise.
Seller finance a small part of the selling price to a qualified buyer; term negotiabl
Support & Training:
Seller will provide 30 days of training included in the sale immediately after closing; additional time is negotiable.
Reason for Selling:

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John Coto

Business Listed By:
John Coto

Alliance Business Brokers, LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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